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$228,000

NAL Estimated Property Value

2609 Madison Ave, Abilene, TX, 79601

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,788 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.52 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
FlooringCarpet, Vinyl

Exterior

Lot Size8,612 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN41600008600
Lot Number2
SubdivisionHillcrest Addn Sec 2
Land UseResidential
Legal DescriptionHILLCREST ADDN SEC 2, BLOCK 7, LOT 2
Census Tract010100
Assessed Land Value$15,498
Assessed Improvement Value$130,510
Assessment Year2025

About this property

Available August 5th. Fully Furnished with all utilities and lawn care included. This well-maintained 3-bedroom, 2-bath home. Step inside to find a spacious living area filled with natural light, a practical kitchen with ample cabinet space, and three comfortably sized bedrooms. The primary suite includes its own private bath, providing added convenience and privacy. Second living room area with huge couches for stretching out and relaxing. No pets. No smoking. Security Deposit is $1000. Renter’s Insurance required.

Investor Tools

Property Icon
$228,000
Estimated Property Value
$119,480Estimated Mortgage Balance
$108,695Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,309
$146,008
2025
$15,498
$130,510
$146,008
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,309
$146,008

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Purchase Money Mortgage
$120,000
No
First
Mar 3, 2026
Mar 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,480
$108,520
47%
52%
$720/mo

City: Abilene

2609 Madison Ave | Property Details | No Agent List